H.R.483: To amend the Internal Revenue Code of 1986 to impose an excise tax on certain sales of assets of medical service organizations to managers, etc. of such organization.

Amends the Internal Revenue Code to impose an excise tax on self-dealing asset transactions between a disqualified person and a medical service organization. Describes such a transaction as any direct or indirect sale or exchange, or leasing, of any medical asset to: (1) any organization manager; (2) any person who performs substantial professional medical services for the organization pursuant to an employment or other contractual...

(Source: Library of Congress)